November 5th, 2025
USDC News - Page 14
Hackers of Multichain Seek Profit with Circle and Tether Stealing Frozen Funds
By Bhushan Akolkar
July 10th, 2023
Stablecoin issuers Circle and Tether have initiated action and blacklisted more than $67 million of stolen funds in USDC and USDT, which is around 50% of the stolen amount from the cross-chain protocol.
Circle Explores Expansion in Asia, Eyes Japanese Market for Stablecoin Issuance
By Temitope Olatunji
July 6th, 2023
Even though Circle already offers USD Coin (USDC), its co-founder and CEO Jeremy Allaire believes that introducing a Yen-linked stablecoin would provide new opportunities.
Voyager Digital Records $134M in Outflows while Celsius Network Remains Dormant
By Tolu Ajiboye
July 5th, 2023
Voyager and Celsius are forging ahead with their bankruptcy plans but only Voyager seems to be making any crypto transfers.
Voyager Creditors Receive $5.1M Bill from Law Firm for March-May Services
By Tolu Ajiboye
July 4th, 2023
McDermott Will & Emery has submitted a new bill of $5 million to Voyager creditors for the third interim, leading to a total over $16 million.
Mastercard Unveils Multi-Token Network (MTN)
By Ibukun Ogundare
June 29th, 2023
Mastercard will utilize the Mastercard Crypto Credentials in the launch of its MTN.
SAP Clients Testing Cross-Border Payments with Circle’s USDC
By Godfrey Benjamin
June 23rd, 2023
Customers will receive a designated amount of USDC along with an invoice, enabling them to experience the benefits of fast, affordable, and reliable cross-border payments.
Binance.US Solves USD Withdrawal Problems but Warns that Solution Is Only Temporary
By Tolu Ajiboye
June 23rd, 2023
Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT.
Circle Resumes Purchases of US Treasury Bills for USDC Reserve
By Godfrey Benjamin
June 22nd, 2023
Circle’s reserve fund opted to rotate all its holdings into tri-party repos involving systemically important banks like Goldman Sachs, BNP Paribas, Bank of America, and Royal Bank of Canada.
Big Players of Crypto Donate $1M to Crypto Investigator ZachXBT after Defamation Lawsuit
By Bhushan Akolkar
June 19th, 2023
Prominent crypto personalities and businesses have extended help to ZachXBT as he faces the defamation lawsuit from musician and tech entrepreneur Jeffrey Huang.
Stablecoin Issuer Circle to Launch USDC Natively on Arbitrum Next Week
By Bhushan Akolkar
June 2nd, 2023
The launch of USDC on Arbitrum will replace the currently circulating bridged version of USDC that comes from Ethereum.
Crypto.com Adds New Tokens to Its Wallet Service and Launches AI Assistant
By Babafemi Adebajo
May 18th, 2023
By using the ChatGPT-based AI assistant, people can get answers to their questions about Crypto.com’s suite of products and services.
Coinbase to Expand to Singapore as US SEC Denies Answerability
By Sanaa Sharma
May 17th, 2023
The firm also conducted a survey recently to asses the constructive stance of policymakers towards crypto and Web3 in Singapore.
Circle Adjusting Its USDC Reserves for Avoiding US Default Risks
By Bhushan Akolkar
May 11th, 2023
Amid the current banking crisis in the United States, stablecoin issuers like Tether and Circle have been moving their reserves to the safest instrument i.e. US Treasury.
Stablecoin Issuer Tether Unveils Strong Q1 2023 Numbers with BTC and Gold Reserves
By Bhushan Akolkar
May 11th, 2023
Tether continues to dominate the stablecoin market with a market cap of over $82 billion and is currently the third-largest cryptocurrency by market cap.
Xapo Bank to Add Support for Tether Deposits, Withdrawals by Month End
By Mayowa Adebajo
May 10th, 2023
Customers of the bank may now use the world’s largest stablecoin for payments.